If you think at first mention that the $PEPE I'm referring to is on the Ethereum blockchain, that's the wrong token. This is an actual coin on its own chain, a fork from $DOGE, and its been pumping since January of this year with the first genesis block on the 30th of that month. Miners went to work right away, stacking $PEP quickly and in huge amounts, typically 1,000s per cycle. The same was given out freely on the $PEP Discord channel to promote distribution, adoption and general support for months. More than a few dozen folks easily became $PEP multi-millionaires as a result.
Since that time, $PEP has been building up support and momentum, flowing quite a bit of the coin out to early adopters, so much so that it it actually dumped a bit, and many thought the coin was going to flop last fall. Then came the election pump. Suddenly, November somehow quadrupled the value. Mayhem set in and $PEP started gaining steam. Except, no one was prepared for what would come the next month at the first week of December 2024. $PEP spiked huge, just as it picked up support from yet another exchange. On its long-standing supportive exchange, XEGGEX, the coin was already a top label for volume and trading, standing in the flash banner crowd with the big coins.
source: CoinGecko
With the take-off $PEP has already made a house payment for some folks and few miners who stocked up an early hefty stake in the coin. In fact, one brave soul showed up their wins on Reddit, pocketing a cool $43,000 easily with the gains from a fraction of a penny per coin.
So, given the fast pump and obvious profit level, is $PEP going to stay on its moon-path and keep going, becoming the next $DOGE? I'm not going to say that or pitch it out there. But, for a meme coin, $PEP has an extremely solid community and a groundswell of support. Unlike the 72-hour nonsense frequently seen these days on the Solana chain, $PEP has been chugging solid for almost a year now, and it's not backing down. The Dev Team just put out another revision for the HODLr wallet with QTPepWallet 1.1 (you can find it here on Github), and they are aggressively looking to position $PEP in more exchanges as possible for 2025.
Yes, there's clearly a momentum spike, but it's not falling to Dante's 9th circle of hell. After a bit of retrenchment support has solidified at the $0.0011 level and keeps building. Every time there is a sell off, supporters come in and grab the discounts for more coins. So, yes, I do expect $PEP to hold strong in 2025 and keep rising. Maybe I can pay for my kid's college tuition with it, and win the "lottery" again. That would be nice.